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Improving Business Profitability: How to Finance Your Transformation to Gain Competitiveness?
What is now referred to as "digital transformation" is nothing but the concept of continuous improvement, a principle that nowadays should be ingrained in the DNA of every business. Initiating a company's transformation primarily entails materializing a strong desire: that of producing better and faster with less. How? By reducing operating costs and digitizing production and organizational processes. For what purpose? To endure while remaining competitive in the market. But then, how to kickstart this process when cash flow is tight? Whether at the local, national, or European level, there are various funding mechanisms available to support companies in their development. Here's an overview and some advice for financing your company's transformation.
Continuous Improvement: What If You Get Started?
Continuous improvement involves constantly reviewing and enhancing an organization's processes. This practice can be applied to a service, a product, or the overall operation of a business. It stems from the principles of Lean management, a method initiated by Toyota aimed at reducing errors, malfunctions, and resource wastage within an organization. Continuous improvement thus targets activities with low added value or non-qualitative aspects.
EYE Consulting's Business Insights: Spotlight on the Construction Industry
The Construction and Public Works (CPW) sector has experienced numerous upheavals in recent years, driven by a series of major economic and health crises. Some of these disruptions now provide an opportunity to question existing practices and move forward. This is particularly true for certain large-scale projects initiated in response to the challenges facing this sector, whose resilience suggests brighter days ahead. Through this article, we aim to share with you our insights into the current state of affairs, which reflect the ongoing transformation of this sector. We have divided our discussion into three parts for clarity:
The OKR method, or how to set relevant, ambitious, short-term goals?
The OKR method, which stands for Objectives and Key Results, is a management method that enables the objectives of employees to be aligned with those set by the organisation. It is an effective and fun way to bring a team together around objectives that make sense for both the employees and the company.
Using the OKR method means setting a course for your company and motivating your teams: if setting ambitious objectives encourages growth, identifying specific and measurable success indicators is the way to success! Together, let's discover this method which combines team spirit and individual performance, for the benefit of the group.
The Digital Transformation of Human Resources (TDRH): people at the heart of change
Digital transformation is the process of integrating all the technologies and methodologies brought about by digital technology within an organisation. Applied to Human Resources it is called HRDT or Human Resources Digital Transformation. Here is a brief overview.
Digital technology at the service of the general interest: "BatiSolid" or how to build better in the Antilles with adapted standards
CERC Martinique (Cellule Économique Régionale de la Construction: Construction Regional Economic Unit ) a regional observatory for the construction industry. Created in 2018, the Martinique CERC’s main mission is to ensure better knowledge of the construction sector. As a regional observatory, this association is intended to become a forum for consultation, bringing together professionals in the sector and public authorities around specific issues. The studies carried out by Martinique CERC gather all the economic and statistical information specific to the construction sector, which it uses to inform the strategies and decisions of professionals, elected officials and administrations.